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BLW vs CIK: Correlation

Measured on weekly returns over the past three years, Blackrock Limited Duration Income Trust (BLW) and Credit Suisse Asset Management Income Fund, Inc. (CIK) carry a correlation of 0.66, a strong link.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.66
strong
Correlation (1Y)
0.72
last 12 months
Correlation (5Y)
0.64
long-run
Ann. covariance
74.9
%² · weekly, annualized

How correlated are BLW and CIK?

Over the past 3 years, BLW and CIK moved with a correlation of 0.66, which is strong. The relationship has been stable: the 1-year correlation (0.72) sits close to the 3-year figure. Over 5 years the correlation is 0.64, and the annualized covariance of weekly returns is 74.9 %².

By 3-year correlation, CIK places #9 of the 17 assets tracked against BLW. On 12-month performance BLW holds a 9.1-point edge, -0.2% against -9.3%.

How is this computed?

Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.

BLW vs CIK: side by side

BLW (Blackrock Limited Duration Income Trust)CIK (Credit Suisse Asset Management Income Fund, Inc.)
1-year return-0.2%-9.3%
5-year return+16.7%+11.7%
Volatility (ann.)9.8%11.5%
Beta vs S&P 5000.380.50
Max drawdown (3Y)-11.2%-15.4%
Market cap$0.5B
P/E (trailing)10.417.4
Dividend yield10.69%11.11%
Sector / categoryUS ListedUS Listed
Lower P/E: BLW 10.4 vs 17.4Higher yield: CIK 11.11% vs 10.69%Smaller drawdown: BLW -11.2% vs -15.4%Higher 5y return: BLW +16.7% vs +11.7%
-13%0%+2%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). BLW · CIK

Year-by-year returns

YearBLWCIK
2022-15.9%-19.0%
2023+17.3%+37.1%
2024+11.1%+1.2%
2025+7.1%+7.8%
2026-0.8%-8.1%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are BLW and CIK good diversifiers for each other?

Only partially. A correlation of 0.66 means BLW and CIK share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.

FAQ

What is the correlation between BLW and CIK?

As of 2026-08-27, the correlation of weekly returns between BLW and CIK is 0.66 over 3 years, 0.72 over 1 year and 0.64 over 5 years.

Is CIK a good diversifier for BLW?

Only partially. A correlation of 0.66 means BLW and CIK share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.

What does a correlation of 0.66 mean?

Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.

Use this data

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BLW vs CIK: 3-year weekly correlation 0.66BLW vs CIK0.66

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Related comparisons

Hubs: BLW correlations · CIK correlations